#CryptoTrading. #technicalanalyst #Signal🚥. 📊Technical analysis
$MMT /USDT — 15 min / 1 h timeframe
Current price ≈ 0.2265 USDT
+12.69% over the last period — very strong vertical pump, local high ~0.2487, now a moderate pullback after the impulse.
Price action and Bollinger Bands
• Price near the upper band (~0.2452), powerful breakout from the zone ~0.18–0.21.
• Middle band ~0.2149 — dynamic support, currently being tested on a pullback.
• Lower band ~0.1845 — bands are strongly extended = high volatility.
• Structure classic pump with a fairly healthy short-term pullback (did not break the middle band).
Volumes
• Current volume ~29.4M — high surge on buying candles.
• MA(5) ~43.3M, MA(10) ~37.5M — volumes increased significantly during the upward movement, buyers are still active.
Key indicators
• MACD — DIF 0.0103, DEA 0.00886, MACD 0.0017 — histogram is positive and still expanding - strong bullish momentum.
• RSI (6/12/24) ≈ 50.4 / 60.0 / 62.8 — medium overbought, short RSI6 is no longer in the overbought zone after the rollback, there is room for improvement.
Current assessment
The momentum remains bullish, the rollback has not yet broken the middle band and looks like a healthy correction after +12.7%.
🟢 Long (medium risk — continuation or buy a pullback)
Entry: 0.223 – 0.227 (current zone or pullback to the middle band ~0.215)
TP1: 0.240 – 0.245
TP2: 0.252 – 0.258+
SL: 0.218 – 0.220 (below recent low)
R/R: ~1:3–1:4
Comment: Good setup if it holds above 0.223 and volumes do not drop sharply. High probability of continuation until MACD is bullish and price breaks the middle band downwards.
🔴 Short (high risk — attempt to fade the top)
Entry: 0.240 – 0.245 (retest of the high or upper band)
TP1: 0.230 – 0.227
TP2: 0.218 – 0.215 (middle band)
SL: 0.248+
R/R: ~1:3
Comment: Very risky in such a strong movement. Need a clear rejection + falling volumes + slowing MACD.